SCUML was established by the Federal Government in September 2005 in compliance with the provisions of the Money Laundering (Prohibition) Act 2004 which was subsequently repealed and amended to Money Laundering (Prohibition) Act 2011(as amended) and most recently to Money Laundering Prevention and Prohibition Act, 2022. SCUML was created as part of measures for the implementation of the Financial Action … Continue reading ABOUT US